JPMorgan Chase & Co. Downgrades AGL Energy (AGLNF) to Neutral

AGL Energy (OTCMKTS:AGLNF) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Wednesday, The Fly reports.

About AGL Energy

AGL Energy Limited provides energy to residential and business customers in Australia. The company operates in four segments: Customer Markets, Wholesale Markets, Group Operations, and Investments segments. It is involved in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services.

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